schirallicpa

I have lost clients over such issues. It's always my fault that they had to pay tax.

How many times have you hit the transmit button only to see you've selected the wrong file, or didn't remember that you had to fix something. And you hit stop - or maybe it's cancel - and it keeps going until the whole transmission goes thru anyway. Why can't it just stop! Or - maybe there could be a limbo land that it stays in for a few minutes when you could still retrieve it. I have a couple of amendments to make now.

I-yi-i........Keep closing and opening, and PA will work. Sorry for posting. I'll just keep up my own pace here.

oh boy - I closed it and opened it again, and it worked....... But how does the NOL work. It brings in Net income without regard to the Fed NOL. Does PA not have NOL? I swear they did.

I am stumped. I have input info on the data input sheet for the PA corp return. The section G, corp officer signature info will not come over to page 1, and the Section A info for previous year income (loss) will not come over to page 2. I am thinking that this is way the NOL from last year offsets this years income. I don't see any other way to bring in the NOL. Last year's return was prepared by someone else, and I have reviewed all my info and think I have checked every box there is to check. When I try to override, it wont let me. Please help........

Thank you Jack!!

This is really bad....but my daughter was sick this morning and I had to stay home with her for a while before her dad could get home to be with her. And I enjoyed it.

wow - i liked my results better the first way I did it:) thank you for your help. It works easy enough, but I just didn't know enough to have it open. Thanks

I'm not sure entirely what I'm not getting here. Priest receives W-2 from diocese. No SS or Med income/ tax. Only Fed and State income and w/h tax. Also receives stipends. Lives on property provided by diocese. Church pays utilities and food. Has some mileage expense, and misc supplies. Initially, I put w-2 on line 7, threw the stipends on Sch C and figured he must be filing exempt for self-employemnt/ Fica tax since W-2 showed no SS wage or Med wage. 2106 for mileage and supplies. Then I get looking at the one the atty prepared last year. He put the wages on sch C and calculated the self-employment tax from sch c income after deducting mileage from wages. Hmmmm.....I guess he considered him a statutory employee....?..... Is that how it's supposed to go? And I see nothing in regard to housing allowance on the previous return. But thats besides the point right now. I'm trying to figure out how to report this. Any thoughts. Thanks.

Again, I appreciate your help. Around here, I don't run into active duty military. Plenty of retired military and a handful of reservists. This was unique to me. Have a good one!

How far are you guys going to make sure the distributions were truly all for uncovered medical?

I appreciate your answer. But my lingering question is - how can she not have a state of residency. Doesn't she have to belong somewhere? She's certainly hasn't left the country.

I'm thinking she will just get hit with ordinary tax and is outside of any deductions in VA. But I have not prepared such a return before. Previously, she was my NY client. I know NY taxes military pay. She is not combat zone nor hazardous duty. Just wondered if any VA's out there had insight. They didn't withhold any VA tax. She actually is stationed out of Rome NY, but has permanently moved to VA. Any thoughts?

I have googled thru a few, and most seem to want to sell you the business plan, marketing plan model, that is not my end. I just want financials. Does anyone use any software that they would recommend. My old dinosaur excel sheets are just not cutting the mustard these days.

I forgot about the roar!

I guess it just bothered me quite a bit. I am trying to be helpful and provide a good service. When suddenly verbally assaulted, I just wasn't ready for it, and had to tell someone about it. I just know that at some point the NYS and IRS will start looking for a 1065 and they will get a load of penalties. I guess thats the satisfaction i get. Anyway - I will not prepare another new partnership return without all partners attending the meeting! I like the 1099-c idea. The bill went out yesterday.

I just had a guy come in here acting like a 5 year old yelling and screaming that he wanted his w-2s back because we were going to charge him too much money. I have never seen anything like it - well, at least not since my kids attended pre-school and witnessed a boy yelling in the lunch room about ranch dressing. The guy and his wife had started a partnership ini 2011 and we did the 1065 along with their 1040. He was telling us how we didn't need to do the partnership return because they were married. Well, no- not telling us, yelling at us. And how he was going to go get the police if we didn't give him the w-2s. Unbelievable. And quite upsetting. The thing was, he had sent the wife in originally, and apparantly she had not told him the pricing of the returns. I know when she called the first time, my secretary explained it all, and then I went over it with her again. But dealing with this guy just made my day. We gave him the w2s and he went out the door yelling that we'd never see him again. Well, good. Meanwhile, I have their returns done, printed, and ready to efile. I'm out quite a bit of time frocking around with this new partnership, and getting things sorted out. Not sure how to pursue that. Last year I did a bunch of work for a guy who just never called back and never answered my calls. So I just wrote that off. But this guy today was a jerk, and I hate to let this just go under the bridge.

I am missing mine. What was the answer?

I looked it up in the Pub. Yep. It stinks.

Having trouble with Fee Collect. Bank says I'm good. ATX says bank denied me. Can't ever log on any more. So I've been on hold for 45 minutes listening to terrible music. ATX used to be the easiest and most helpful. Now they are CCH and they are not even caring about us. I'm thinking I'm looking for new software by another season.

When we put money into an IRA, it is our earnings that we are deferring tax on. Grandparents died and left child as beneficiary on an IRA. Parents drew from her IRA. She received 1099R. The software is calling it investment income and generating kiddie tax. (Distribution was made from funds of $5000 to cover dental expenses.) I know she didn't "earn" it, but the grandparents did. Why does the character of the income change? Any thoughts?

Thank you JklCPA for your help!

no, no. My client was not fraudulent, and I will stick to that. There were many nursing homes participating in a group fund. His nursing home signed a contract along with other nursing homes paying a fee for insurance based on the groups claims activities. When his partnership dissolved, they did not know that other homes had been filing fraudulent claims. How would he know? The partnership dissolved, and therefore ended their contract with the fund. Subsequently, the fund folded, and NYS footed the bill to cover claims. So NYS turned around and billed everyone formerly involved with a proportionate bill to cover their costs. Now NYS is investigating. Documentation for a dissolved partnership. check. Documentation for billed claims from NYS. check. Documentation from the general attys office. check. Documentation from the clients atty. check. What other documentation would you ask for? I have no reason to believe that he was involved in any fraudulent scheme. And frankly I am not sure why you want to assume the worst? I'm not posting questions here to get beat up about it. I'm just asking if any one has had any similar experience or knows of reference to similar cases, that they might point me in the right direction.

the approval letter from the IRS took over a year, but that was because the Library could not find originating documents and we had to send in some other documents to suffice the IRS. But the exempt dept is a little on the slow side.

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